What you should know:
1. Aurora Spine increased its quarterly revenues 82 percent from the same time in 2018.
2. Aurora’s gross profit increased to $1.16 million in the first quarter, a year-over-year increase of more than $287,000.
3. The company’s cash flow measured by EBITDAC was $86,000 for the quarter, a $13,000 year-over-year increase.
4. Aurora Spine’s cervical screw and cage sales increased by $379,000, and its lumbar screw and cage sales increased by $827,000.
5. The company is developing a Posterior SI Joint fusion product as well as a ZIP-Flex interlaminar fixation device.
Aurora Spine President and CEO Trent Northcutt said: “We are pleased that our efforts are beginning to create value for our shareholders. … We will look to extend our technology position further with minimally disruptive procedural solutions for the spine.”
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